As part of the legislative process,proposed laws in the US are first examined by mittees of lawmakers,who call witnesses to testify on how the proposed Bill will impact various stakeholders.It’s an important bit of political theater but rarely provides anything in the way of new information.
That was the case at a hearing this week of the Capital Markets and ernment Sponsored Enterprises submittee,as it heard testimony on a number of proposed laws aimed at easing the regulatory burden for business.Scant mention was made of XBRL in the prepared testimony,but Rep.Hurt,who is the Vice Chair,took the opportunity for questions to sharply debate Prof.Theresa A.Gabaldon of the Gee Washington University Law School on the merits of XBRL.Hurt focused on sts and data usage information from a lumbia University whitepaper based on what is now 4year old data,while Gabaldon cited the recent AICPA study showing that small panies generally enjoy a lower st of XBRL pliance.The exchange begins at the 1:15mark in this webcast of the hearing.Reps.Keith Ellison and Carolyn B.Maloney were more supportive of XBRL,agreeing with Gabaldon that the sts cited in the AICPA study uld hardly be described as onerous.
A number of anisations and stakeholders are mobilising against what is now the 4th effort to pass this legislation.
中文新闻:美国国会对XBRL争执不下 |